560 Mill carry forward loss vaue? Any comments?
is 30% reasonable, which makes it a value of 186 mil alone.
Then Royalties up to 180 mil.
I say value for buyout should be around 250 - 270 mil.
That gives 5-8 dollar per share range.
I'll take that risk.. Down 1.36 up 4-6 $
look at option activity last few days.
Tax loss carryforwards create future tax relief for companies and are therefore very valuable. The laws on how tax loss carryforwards apply vary by state, but usually a carryforward from the last two or three years can apply up to the next seven years.
#$%$ is wrong with people, they will stay delusional forever until there value is worthless, easy short on that spike, and AFFY tried to help longs unload with a ton of transparency. nice work here man. You cant help denial though
Beside the value of Omontys, this alone could offset a big portion of the cash used by AFFY potential buyers (big pharma). That's probably the reason why Institutionals are holding to their shares until the volontary recall "dust" settle.I have no doubt there are already interests but they will keep it out of the public eye for now.
Read the 10K. I also have a Masters in Law and Taxation from Georgetown. If there is a more than 50% change in ownership then the tax loss carryforwards are lost. It is the government who makes the laws and its revenues from taxes are at stake here. If it were otherwise, then all bankrupt companies would be purchased at the government's expense.
For Takeda it is a great value! @35% being in the same line of business, every penny is worth for them.
On the Lawsuits they both are defendants and on identical grounds. In fact Takeda is the one who marketed the product. It is not like what Basher morons are saying, they will file BK. Takeda will be the last one wanting them to be in the BK process. Why I liked after the Recall, they DROVE entire AFFY management, that is the best thing ever could have happened.
Takeda took the ownership of the product and ensured that AFFY gets the Royalties. Based on the 3 days trade, I believe Takeda decided otherwise, a 100% buyout from Open Market Tender offer.
Ann Marie Deluge can't even speak properly, such a lazy one!